Pakistan has signed an agreement to explore a dollar-linked stablecoin for cross-border payments. The deal involves a firm affiliated with World Liberty Financial, linked to U.S. President Donald Trump’s family. Officials say the move could modernize payments and support foreign exchange flows.
The Pakistan Virtual Asset Regulatory Authority signed a memorandum with SC Financial Technologies. Authorities said the agreement will enable dialogue on emerging digital payment systems. Notably, this marks one of World Liberty’s first publicly announced partnerships with a sovereign state.
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Under the agreement, SC Financial will work with Pakistan’s central bank on technical integration. The USD1 stablecoin may operate alongside Pakistan’s planned digital currency framework. However, officials stressed that regulation and financial stability remain top priorities.
Today, World Liberty Financial signed an MoU with the Ministry of Finance to explore innovation in digital finance, particularly the use of stablecoins for cross-border transactions, signalling growing global interest in Pakistan as a key market for digital assets. pic.twitter.com/rYzbfHYysd
— Pakistan Virtual Assets Regulatory Authority (@PakistanVARA) January 14, 2026
Meanwhile, World Liberty CEO Zach Witkoff visited Pakistan for the announcement. He met senior stakeholders to discuss payments, settlements, and foreign exchange processes. Prime Minister Shehbaz Sharif and other top leaders attended the event.
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Pakistan is expanding digital finance to reduce cash use and improve remittances. Globally, stablecoins are gaining attention as governments test new payment models. The central bank plans a digital currency pilot and new virtual asset laws.